National Semiconductor Raises Dividend by 25%

National Semiconductor (NSM: 0.00 N/A) announced today that the company will increase their quarterly dividend by 25% to $.10 per share.

 

The dividend increase will lift National Semiconductor’s current yield to 2.8% based on yesterday’s closing price.

 

NSM shares have fallen 5% in 2010, but the stock has still outperformed the 7% drop in the Nasdaq.

 

The dividend will be payable on October 12, 2010 to shareholders of record as of the close of business on September 20, 2010.

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